OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of the Life Insurance Company of Alabama (LICOA) (Gadsden, AL) [OTCBB: LINSA]. The outlook of these Credit Ratings (rating) is stable. The rating affirmations reflect LICOA’s consistent capital growth and strong risk-adjusted capitalization measures supported by a trend of favorable net income. The company has a well-established brand
